Hong Kong is still a leading base for international trade and business with China and Asia. A ready-made company with history and an open account saves the longest part of setting up there: waiting for a bank decision.
Why Hong Kong
- Territorial taxation. Profits tax applies to Hong Kong-sourced profits, with two-tier rates.
- China and Asia. Suppliers and payment partners know Hong Kong companies well.
- Multi-currency accounts. HKD, USD, CNH and other currencies.
What a ready-made company gives you
| New company | Ready-made company with account | |
|---|---|---|
| Registration | A few days | Already done |
| Bank account | Weeks or months, often declined | Already open, needs new-owner KYC |
| History | None | Years since incorporation |
What we check before the purchase
- the Companies Registry extract and Annual Return;
- the Business Registration Certificate and its renewal;
- filed accounts and audit: Hong Kong companies are audited every year;
- no trading and no debts if the company is sold as clean;
- the bank's process to change signatories.
Company in stock
We currently have a 2019 Hong Kong trading company with a Dah Sing Bank account: no trading, general trading activity.
Do I need to travel to Hong Kong to buy the company?
The change of director and shareholder can be done remotely. The bank may ask for a video call or an in-person visit by the new signatory, depending on the bank.
Does a Hong Kong company need an audit?
Yes, Hong Kong companies file audited accounts and a tax return every year, even without activity.
Current companies, prices and status are in the ready-made companies catalogue: Hong Kong. Before a deal we request the registry extract and the seller's documents, check debts and filings and handle the change of ownership. More about the service: ready-made companies, turnkey.